Estate Planning
5 articles
When a family member dies, you or someone else close to that person must take some basic steps fairly quickly. Knowing what to do can ensure there’s no delay in what can already be a long and laborious estate settlement process.
Dying intestate — without an estate plan — leaves behind a nightmare for your loved ones. That means you need to create detailed legally binding instructions for your estate in the form of a will or living trust. But which do you need? Or should you have both?
No one likes to think about the fact that they’re going to die one day. But making a will is a way to take care of your loved ones after you’re gone. And once you learn what a will really is and what goes in it, it’s easy to see why almost everyone needs one.
If you don’t have anything saved when you die, how do you ensure your death doesn’t create a financial burden for your survivors? That’s where burial insurance comes in. And these are the best burial insurance companies right now.
Creating a living trust can protect your assets, cut family disputes off at the head, and avoid significant probate fees in exchange for a few hours of your time. Learn what a living trust is to determine whether it’s worth adding to your personal estate plans.
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